Costs that go away, costs that stay
Below is my list of costs (yearly) that I think will be going away if/when I switch to fulltiming. This assumes that I sell my house and buy my FT RV with the proceeds. $19,200 Mortgage, tax,...
Forum Discussion
mayo30 wrote:
Lol.Pretty innovative accounting.How do you know your net worth when you do any accounting or taxes and investing?That can be a pretty big write off.At any rate just a comment of mine that may be totally irrelevant to anyone else.
I've never been asked our net worth when paying taxes, nor when I invest or sell an investment. What are you doing that require you divulge your net worth to the tax man or investment broker?
If you are so worried about a depreciating asset and how it figures into someone's net worth you might not be a good candidate for fulltime RVing - at least not in terms of someone who is retired.
Barb
